By Lena Babaeva Coradini

MedAssets is teaming with e-Builder to launch MedAssets Construction Services, a program developed to help hospitals and health systems manage construction project deadlines and budgets from concept to completion:

The MedAssets Construction Services Portal uses e-Builder's capital program and project management software to provide real-time project management capabilities, giving healthcare executives visibility across multiple projects and facilities. Through the e-Builder technology, healthcare providers can manage, monitor, control and report on the progress of their construction projects. . . .

This new technology platform leverages integrated business process automation, cost control, scheduling, document management and reporting tools. This centralized information management network enables healthcare facility owners, architects, contractors, engineers, and suppliers to efficiently manage a project's lifecycle during planning, design and construction. In addition, electronic forms track equipment detail per project, both by initial equipment identified and actual purchased equipment from MedAssets suppliers. The result is a streamlined reconciliation process for equipment acquisition that ensures maximum savings.

From a purchasing perspective, using the MedAssets' Construction Services program will allow a hospital or health system to increase front-end savings on unit pricing and generate lifecycle savings from contract pricing on proprietary systems. MedAssets will help healthcare providers obtain the best pricing by engaging appropriate suppliers early in the planning process and ensuring the visibility of subcontractor acquisition channels. By working onsite with project managers and general contractors, MedAssets will help drive savings through its GPO and deliver savings back to the customer.